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Tether Claims Zero Exposure to Genesis

Tether released a statement, saying that it has no exposure to Genesis or Gemini Earn.

Earlier today, crypto lending institution Genesis Global Capital announced it had suspended redemptions and new loan originations. As the lending partner of Genesis, Gemini said its Earn program "will not be able to meet customer redemptions within the service-level agreement of five business days".

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Tether

USDT

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